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US recovery will happen this time: BofAML

Its research chief expects US GDP growth to be 3%

Mon, Feb 03, 2014 - 6:00 AM

[SINGAPORE] This time, the much-touted US recovery story is to be believed, says Ethan Harris, Bank of America Merrill Lynch's co-head of Global Economics Research. "If you had asked me a year ago, I would've said don't believe the data, because the fiscal cliff was hitting," Mr Harris told BT